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...Committee-will have seen longer Capitol service than he. Farmer Rainey- Henry Thomas Rainey, inside the Capitol and out, remains "just an ordinary Congressman.'' His grandfather came out of Kentucky into Illinois in 1814, settled on the fat, flat farmlands of what is now Greene County, 70 mi. north of St. Louis. There one blistering August day 72 years ago the future Majority Leader of the House was born. A great hulking farmer's son, he went to Amherst, dashed 100 yd. in 10.2 sec., won the heavyweight boxing championship of the college...

Author: /time Magazine | Title: National Affairs: Race to a Rostrum | 12/19/1932 | See Source »

...self defense ; whether she broke treaties; whether League states should recognize Manchukuo. Instead both pressed for delay and Sir John Simon devoted most of his speech to stressing "the need of being practical" and rebuking the Chinese Government for not having suppressed Communism in its central provinces-1,000 mi. from Manchukuo, the land under discussion...

Author: /time Magazine | Title: THE LEAGUE: Dividend & Avenol | 12/19/1932 | See Source »

...ship need not slow down in heavy weather. By her greater speed she will more than regain, according to Sperry tests, the time and distance she loses by tacking, estimated at about 15%. To make this clear to landlubbers. Sperry salts compare "stabilized tacking" to speeding over 115 mi. of boulevard instead of choosing to bump slowly over 100 mi. of cobblestones...

Author: /time Magazine | Title: ITALY: All Were Magnificent | 12/19/1932 | See Source »

...sprang on Anglo-Persian Oil Co. Ltd., stock control of which is held by the Government of Britain's King George V, no tiger. In Teheran, with Reza Shah Pahlevi presiding, the Persian Cabinet denounced and cancelled Anglo-Persian's concession to exploit 500,000 sq. mi. of Persian oil land which was to have run until...

Author: /time Magazine | Title: Business & Finance: Royal Squeeze | 12/12/1932 | See Source »

Gateway. A receiver was appointed last week for the 1,030-mi. Wisconsin Central Railway. The line is controlled and leased by the Soo System (Minneapolis St. Paul & Sault Ste. Marie) which in turn is controlled by Canadian Pacific Railway Co. Its tracks run from Chicago to Minneapolis, Duluth, Oshkosh, Milwaukee, Grand Rapids, forming an important U. S. gateway for the C. P. R. The Wisconsin Central has $44,000,000 worth of bonds outstanding, has earned interest on them but twice in the past decade...

Author: /time Magazine | Title: Business & Finance: Deals & Developments | 12/12/1932 | See Source »

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